
Dow jumps more than 1,000 points after U.S. and China announce tariff truce
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
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Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns report.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
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Vladimir Putin rejected calls to join direct talks with Ukraine's leader in Turkey, seemingly unphased by mounting pressure from Trump to strike a peace deal.
The House is pushing forward on President Trump's "one, big beautiful bill," as lawmakers weighed some of the most contentious parts of the major budget package aimed at addressing the president's defense, energy and tax priorities.
U.S. District Judge Stephanie Haines, a Trump nominee, ruled the president is legally allowed to use the 18th-century law to deport Venezuelan migrants accused of belonging to the gang Tren de Aragua.
Walmart says tariff pressures will force it to raise prices later this month.
Milwaukee County Circuit Court Judge Hannah Dugan has called for her case should be dismissed, aruging that judges have absolute immunity.
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Complaints against U.S. airlines soared to a record high in 2024 as carriers struggle with flight cancellations and delays, analysis finds.
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Anton Tselykh managed to extricated himself from ropes, gear and debris before trekking over rough terrain, driving 40 miles and finding a pay phone.
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Cassie Ventura is back on the stand for cross-examination in the Sean "Diddy" Combs trial after accusing him of raping her in 2018.
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant's new dress code.
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
The world's largest retailer said wide-ranging levies on U.S. trade partners are impeding its ability to keep prices low.
Foot Locker is the second major U.S. shoe company to be acquired in recent weeks as tariffs hit footwear industry.
Complaints against U.S. airlines soared to a record high in 2024 as carriers struggle with flight cancellations and delays, analysis finds.
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Bryan Kohberger, the man accused of killing four University of Idaho students in 2022, appears in court today for what may be his final hearing before trial.
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